Greenspan will increase another 50 basis point in interest rate in 26-27 June meeting if the market is not slower down.
Oil price had jumped up to $30 a barrel. GDP is below Greenspan's expectation. Because demand exceed supply, inflation can be triggered. Greenspan insisted that he would increase another 50 basis point of rate hike in June. Many economists believe the rate hike will not be ended until August.
I believe the market will head down for couple of weeks. The bargain hunter will move in again.
Sold my DITC yesterday at $109 bought at $90. I don't want to be greedy.